Miner Company
U.S. likely gained 65,000 jobs in April, despite uncertainty from war in Iran
The Iran war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline prices surging past $4.50 a gallon this week.But the conflict hasn't done much damage to the American job market – at least not yet.When the Labor Department's report on April hiring and unemployment comes out Friday, it's expected to show that U.S. companies, nonprofits and government agencies together added 65,000 jobs last month, according to a survey of forecasters by the data firm
The Iran war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline prices surging past $4.50 a gallon this week.But the conflict hasn't done much damage to the American job market – at least not yet.When the Labor Department's report on April hiring and unemployment comes out Friday, it's expected to show that U.S. companies, nonprofits and government agencies together added 65,000 jobs last month, according to a survey of forecasters by the data firm FactSet. That would be down from a surprisingly strong 178,000 in March.Ordinarily, 65,000 net new jobs a month would be unimpressive.